• 


Qgj  THE    CITY    OF     NEW    YORK 

2  Hll  DEPARTMENT  OF"FINANCE 


COMPARATIVE  TABLE  and  ANALYSIS 

of 
DEBT  SERVICE  APPROPRIATIONS 

in 
BUDGETS  of  1915  and  1916 


TABLES   SUMMARIZING  the  INTEREST  PAYABLE  in  1916 

on 
CITY  DEBT,  SHOWING  the  AMOUNT  of  SUCH  INTEREST 

TO  be  RAISED  by  TAXATION, 
AND  the  AMOUNT  from  OTHER  SOURCES, 

and 
TO  WHOM  SUCH  INTEREST  is  PAYABLE 


PRESENTED  TO  THE 

BOARD    OF   ESTIMATE 
AND  APPORTIONMENT 


BY 
WM.  A.   PRENDERGAST,   COMPTROLLER 


OCTOBER  22,  1915 

47 


THE   CITY    OF   NEW    YORK— DEPARTMENT   OF   FINANCE. 

October  22,  1915. 
To  the  Board  of  Estimate  and  Apportionment: 

Gentlemen : 
The  Tables  herewith  submitted  relate  to  the  Debt  Service  charges,  to  wit,  the  interest 
on  the  City's  bonded  debt  and  the  appropriations  for  redemption  and  amortization  of  such 
debt  which  must  be  provided  in  the  tax  budget  of  1916: 

These  exhibits  consist  of — 

A  comparative  table,  summarizing  the  appropriations  for  Debt  Service  in  the  budget  of 
1915  and  the  appropriations  for  similar  purposes  which  will  require  to  be  included 
in  the  budget  of  1916.  Also  a  table  (p.  16)  showing  the  amounts  and  general  purposes 
for  which  Special  Revenue  Bonds  were  issued.  Each  appropriation  is  paralleled  wifh 
the  increase  or  decrease  for  1916  as  compared  with  the  corresponding  amount  for  1915. 
This  table  shows  a  net  increase  in  Debt  Service  appropriations  for  1916  of  $3,882,739.07 
over  the  appropriations  for  similar  purposes  in  the  budget  of   1913. 

An  "Analysis"  of  the  increases  and  decreases  in  each  corresponding  item  of  tin-  Debl 
Service  charges  of  1916  and  1915. 

Table  "A" — Summarizing  the  interest  payable  in  1916  on  the  bonded  indebtedness  as  of 
September  30,  1915,  of  the  City,  arranged  according  to  political  division,  and  show- 
ing the  totals  of  such  interest  which  are  to  be  raised  by  taxation  and  the  amounts  to 
be  derived  from  other  sources;  also  showing  the  totals  of  such  interest  payable  to 
the  public  and  the  amounts  which  will  flow  into  the  sinking  funds  as  interest  on  the 
City's  securities  held  by  them.  This  table  shows  that  there  will  be  a  grand  total 
of  $54,842,188.47  of  interest  payable  on  the  City's  debt  in  1916,  of  which  $42,270,934.84 
will  require  to  be  raised  in  the  tax  budget  and  $12,571,253.63  will  come  from  other 
sources,  such  as  from  water  revenues ;  from  the  Interborough  Rapid  Transit  Com- 
pany as  Lessee  of  the  Rapid  Transit  Railroad ;  from  the  General  Fund  as  interest 
payable  on  General  Fund  bonds,  etc.,  etc.  $43,365,279.93  of  the  grand  aggregate  will 
be   payable   to   the   public   and   $11,476,908.54   will   go    into    the   City's   sinking    funds. 

Table  "B" — Summarizes  the  interest  payable  on  the  City's  bonded  indebtedness  as  of 
September  30,  1915,  arranged  according  to  political  divisions,  that  is,  according  to 
the  City  of  New  York  as  constituted  since  January  1,  1898,  and  according  to  the 
former  municipalities ;  and  further  classified  according  to  the  general  purposes  for 
which  bonds  were  issued,  viz.,  rapid  transit,  water  supply,  etc.,  etc.  This  table  also 
classifies  the  sources  from  which  the  interest  is  to  be  derived  and  to  whom  it  is 
payable  under  the  same  principle  of  segregation  as  obtains  in  Table  "A." 

Table  "C" — Summarizes  the  interest  payable  in  1916  on  the  City's  bonded  debt  under  the 
same  general  plan  with  respect  to  political  division  as  obtains  in  Table  "A,"  but 
classifies  the  debt  and  the  interest  payable  thereon  according  to  the  several  rates  of 
interest  which  the  bonds  bear.  The  source  from  which  the  interest  is  to  be  derived 
and  to  whom  it  is  payable  are  segregated  on  this  table  under  .the  same  principle  as 
obtains  in  Tables  "A"  and  "B." 

Respectfully, 

William    A.    PRENni:RC.\ST, 

Comptroller. 


THE   CITY    OF    NEW   YORK— DEPARTMENT  OF    FINANCE. 

Division  of  Chief  Accountant. 

COMPARATIVE  TABLE— Summarizing  the  APPROPRIATIONS  for  DEBT  SERVICE  in  the  BUDGET  of  1915,  and  the 
APPROPRIATIONS  for  SIMILAR  PURPOSES  which  will  require  to  be  INCLUDED  in  the  BUDGET  of  1916;  also 
showing  the  AMOUNT  of  the  APPROPRIATIONS  in  the  BUDGET  of  1915  to  PROVIDE  for  DEFICIENCIES  in 
TAXES,  and  the  AMOUNT  which   should  similarly  be  PROVIDED  in  the  BUDGET  of  1916. 


APPROPRIATIONS 

in 

BUDGET  for  1915. 


APPROPRIATIONS 

to  Be  INCLUDED  in 

BUDGET  for  1916. 


1916  Compared  With  1915. 


Increase. 


Decrease. 


II. 


III. 


IV. 


V. 


VI. 
VII. 


VIII. 


INTEREST  ON  CITY  DEBT  : 
Interest  on  Funded  Debt. 

The  City  of  New  York  as  consti- 
tuted since  January  1,  1898  (ex- 
cluding Interest  on  Special 
Revenue    Bonds) $33,076,215  95 

The  City  of  New  York,  as  consti- 
tuted prior  to  January  1,  1898. .      2,185,806  16 

The  City  of  Brooklyn,  Kings 
County,  and  former  Towns 
therein,  as  constituted  prior  to 
January   1,    1898 1,887,023  29 

Municipalities  in  Queens  County, 
as  constituted  prior  to  January 
1,  1898  328,173  11 

Municipalities  in  Richmond 
County,  as  constituted  prior  to 
January   1,   1898 85,822  85 

TOTAL    $37,563,041  36 

Interest  on  Temporary  Debt. 

Interest  on  Special  Revenue  Bonds 

outstanding   September   30th...  98,862  49 

Interest  on  Bonds,  Corporate 
Stock  and  Corporate  Stock 
Notes  to  be  issued  from  Octo- 
ber 1st  to  December  31st  of 
current  year  and  to  September 
30th  of  vear  following  (esti- 
mated)    .' 1.750,000  00 

.Interest  on  Revenue  Bonds  and 
Bills  issued  and  to  be  issued 
(estimated)     3,000,000  00 


TOTAL  AMOUNT  of  AP- 
PROPRIATIONS for 
INTEREST  on  CITY 
DEBT  in  BUDGET  of 
1915    


$33,227,342  47 
1,937,254  57 

1,386,287  81 

320,110  49 

81,512  88 
$36,952,508  22 

118,426  62 

1,200,000  00 
4.000,000  00 


$151,126  52 


19,564  13 


$248,551  59 

500,735  48 
8,062  62 
4,309  97 


550,000  00 


1,000,000  00 


$42,411,903  85 


TOTAL  AMOUNT  of  AP- 
PROPRIATIONS for 
INTEREST  on  CITY 
DEBT  to  be  INCLUDED 
in  BUDGET  of  1916 


$42,270,934  84 


TOTAL  INCREASES  and 
DECREASES— 1916 
COMPARED  with  1915.. 


$1,170.690  65  $1,311,659  66 


IX. 


AMORTIZATION  INSTALL- 
MENTS PAYABLE  INTO 
SINKING  FUNDS: 

The  Sinking  Fund  of  the  City  of 

New  York    $7,400,000  00 


$8,200,000  00 


$800,000  00 


C<  IMPAKATIVE    TABLE— Continued. 


XI. 


XII. 


XIII. 


XIV. 


XV. 


XVI. 


XVII. 


APPROPRIATIONS 
in 
BUDGET  for  1915. 


AITK'O'l'KIATIONS 

to  Be  INCLUDED  in 

BUDGET  for  1916. 


1916  Compared  With  1915. 


Increase. 


Decrease. 


REDEMPTION  OF  THE  CITY 
DEBT: 

The  City  of  New  York,  as  consti- 
tuted since  January  1,  1898 — 
Redemption  of  1-15  of  $25,000,- 
000  of  Serial  Bonds   

The  City  of  New  York,  as  consti- 
tuted since  lanuary  1,  1898 — 
Redemption  of  1-15  of  $322,000 
of  Notes  or  Serial  Bonds  to  be 
issued    (estimated) 

The  City  of  New  York,  as  consti- 
tuted since  January  1,  1898 — 
Appropriation  of  1-4  of  esti- 
mated Amount  of  $1,600,000  of 
Non-revenue-producing  Outlays 
in  1915   

The  City  of  New  York,  as  consti- 
tuted prior  to  January  1,  1898. . 

The  City  of  Brooklyn,  Kings 
County,  and  former  Towns 
therein,  as  constituted  prior  to 
January    1,    1898 

Municipalities  in  Queens  County, 
as  constituted  prior  to  January 
1,  1898  

Municipalities  in  Richmond 
County,  as  constituted  prior  to 
January   1,   1898 


XVIII. 


$18,590  00 


825,000  00 


122,790  48 


117,096  71 


TOTAL  AMOUNT  of  AP- 
PROPRIATIONS for  DI- 
RECT REDEMPTION  of 
FUNDED   DEBT    $1,083,477 

TOTAL  APPROPRIATIONS 
for  REDUCTION  of 
FUNDED   DEBT    


19 


$1,666,760  00 


21,470  00 


400,000  00 


19,090  00 


1,125,000  00 


528,127  11 


166.737  50 


$3,927,185  27 


$1,666,760  00 


21.470  00 


400.000  00 


500  00 


300,000  00 


405,337  29 


49,640  79 


$2,843,708  08 


S.483,477  19 


Special  Revenue  Bonds, ,  Redemp- ^^  ^ 


TOTAL  DEBT  SERVICE 
APPROPRIATIONS    ... 


$59,815,381  04 


$12,127,185  27 

9,300,000  00 

$63,698,120  11 


380,000  00 


TOTAL  INCREASE- 
over  1915    


-1916 


TOTAL    DECREASE  — 
1916  under  1915 


$5,194,398  73 
1,311,659  66  $1,311,659  66 


NET    INCREASE   for   DEBT 
SERVICE— 1916  over  1915... 


$3,882,739  07 


DEFICIENCIES  IN  TAXES: 
Amount  of  Deficiencies  on  January  1, 
1914,  and  on  January  1,  1915,  respec- 
tively, in  the  Product  of  Taxes  There- 
tofore Levied,  deemed  to  be  Uncollec- 
tible and  not  Otherwise  Provided  for 
(Chapter  209,  Laws  of  1906) 


$6,112,092  44 


THE   CITY   OF  NEW   YORK— DEPARTMENT   OF   FINANCE. 
Division  of  Chief  Accountant. 

ANALYSIS   of  the   INCREASE   in   DEBT    SERVICE. 

The  INCREASE  in  the  appropriations  lor  DEBT  SERVICE  for  lyio  OVER 

the  appropriations  lur  similar  purposes  in  tne  .budget  of  lylo  aggregates     $3,882,739  07 
THIS    INCKHASr.    CLASSIFIES    as    FOLLOWS: 

Interest  on  the  funded  Uebt  issued  by  the  City  lrom  Jan.  1,  1898, 

will  require  an  increase  over  iyi5  appropriations  of $151,126  52 

This  comparatively  small  increase  over  the  corresponding 
appropriations  for  1915,  notwithstanding  the  increase  in  the 
principal  of  the  City's  Funded  Debt,  is  due  to  the  fact  that 
$;>7,OOU,U00  of  corporate  stock  notes,  on  which  a  full  year's 
interest  at  bc/o  per  annum,  was  payable  in  1915,  were  retired 
in  September  by  means  of  corporate  stock  carrying  interest 
at  4y2Vc  per  annum. 

INCREASES    in   the   DEBT    SERVICE. 

Interest   payable   in    1916   on    the    Special    Revenue    Bonds    out- 
standing  Sept.  30,   1915,   will   require   an   increase   over    1915 

appropriations    ot     19,564  13 

This  increase  in  interest  requirements  is  due  to  the  fact 
that  there  were  $2,225,650  more  special  revenue  bonds  out- 
standing Sept.  30,  1915,  than  at  the  corresponding  period  of 
1914. 

Interest    on    Revenue    Bonds    and    Bills    to    be    provided    in    the 
Budget  of   1916  carries  an  increase  over   1915  appropriation 

for   a   similar   purpose   of 1,000,000  00 

In  other  words,  the  tentative  budget  contains  an  appro- 
priation of  $4,000,000  as  compared  with  $5,000,000  in  the 
budget  of  1915.  It  is  to  be  noted,  however,  that  the  appro- 
priation of  $3,000,000  in  the  budget  of  1915  for  interest 
on  revenue  bonds  and  bills  was  increased  during  the  current 
year  by  a  transfer  of  $500,000  from  another  appropriation. 
The  real  increase,  therefore,  in  the  appropriation  for  interest 
on  revenue  bonds  over  the  amount  required  for  1915  is  actually 
$500,000.  A  full  year's  interest  will  require  to  be  paid  in 
1916  from  this  appropriation  on  $43,000,000  of  bonds  at  6% 
per  annum,  or  for  this  item  alone,  $2,580,000.  It  is  estimated 
that  $1,420,000  additional  should  be  provided  to  cover  the 
interest  on  additional  revenue  bonds  already  issued  and  also 
on  those  which  will  require  to  be  issued  in  1916.  This,  as 
already  stated  herein,  will  represent  $500,000  more  than  the 
total  amount  provided  in  1915,  but  the  average  rates  of 
interest  at  which  the  City  has  been  enabled  to  finance  its 
current  obligations  during  1915  are  so  much  below  what  may 
normally  be  expected  in  1916  as  to  necessitate  and  justify  the 
additional  amount  for  this  purpose ;  furthermore,  in  all  like- 
lihood more  money  will  require  to  be  borrowed  by  means  of 
revenue  bonds  than  was  neecssary  during  this  year. 
INSTALLMENTS  PAYABLE  into  SINKING  FUNDS. 

The    appropriation    for    Amortization    Installments    payable    into 

Sinking  Funds  includes  an  increase  over  1915  appropriation  of    $800,000  00 

As  in  1915,  the  total  installments  for  sinking  funds,  to 
be  raised  by  taxation  in  1916,  are  payable  into  the  "  Sinking 
Fund  of  the  City  of  New  Y'ork"  and  the  increase  of  $800,000 
over  and  above  the  appropriation  for  a  similar  purpose  in 
the  budget  of  1915  is  made  necessary  by  the  increase  since 
Sept.  30,  1914,  of  upwards  of  $34,000,000  in  the  Funded 
Debt  of  the  City,  redeemable  by  the  Sinking  Fund  of  the 
City  of  New  York  and  which  has  therefore  increased  the 
annual  amortization  appropriations  required  to  be  paid  into 
said  Sinking  Fund.  The  appropriation  of  $8,200,000  to  be 
included  in  the  budget  of  1916  for  sinking  fund  require- 
ments is  based  upon  a  careful  actuarial  analysis  which  has 
been  made  of  the  accrued  amortization  of  the  Sinking  Funds, 
together  with  the  assets  to  meet  such  actuarial  reserves. 
This  survey  shows  that  an  appropriation  of  $8,200,000,  to- 
gether with  revenues  from  other  sources,  which  are  pledged 
to  the  Sinking  Funds,  will  be  sufficient  to  meet  all  Sinking 
Fund  requirements  for  1916. 

REDEMPTION   of  the  CITY  DEBT. 

The  appropriations  in  the  Budget  of  1915  for 
direct  redemption  of  the  Funded  Debt  of  the 
former  City  of  New  Y'ork  and  of  the  Munici- 
palities in  Kings,  Queens  and  Richmond,  which 
were  consolidated  into  the  City  of  New  York 

on   January   1,    1898,   aggregated $1,083,477  19 

The  appropriations  of  1916  for  similar  pur- 
poses aggregate    $1,838,955  27 

an  increase  of 755,478  08 


The  Funded  Debt  of  these  former  Municipalities,  which 
is  maturing  from  year  to  year,  varies  in  the  annual  aggre- 
gate and  consequently  the  appropriations  for  such  purposes 
may  be  greater  or  may  be  less  any  year  than  in  the  year 
preceding.  During  1916  the  total  amount  of  such  Funded 
Debt  maturing  and  which  must  be  redeemed,  will  be 
$755,478.08  more  than  matured  and  was  redeemable  during 
the  current  year   (1915). 

The  Budget  of  1916  should  carry  an  aggregate  of  $2,088,230  for 
Serial  Bonds  and  Notes  redeemable  in  1916,  the  proceeds  of 
which  were  used  in  expenditures  for  Non-revenue  producing 
Improvements.  This  is  in  accordance  with  the  "Pay-as-you- 
go"  policy  adopted  by  the  Board  of  Estimate  and  Apportion- 
ment on  Sept.  11,  1914.  The  appropriations  for  these  pur- 
poses therefore  constitutes  an  increase  in  the  Budget  of 
1916  over  that  of  1915  of 2,088,230  00 

The  appropriation  in  the  Budget  of  1916  for  the  redemption  of 
Special  Revenue  Bonds  will  show  an  increase  over  the  appro- 
priation  for  similar  purpose  in  the  Budget  of   1915  of 380,000  00 

In  1914  there  were  $11,925,425  of  Special  Revenue  Bonds 
issued.  The  Special  Revenue  Bonds  outstanding  Sept.  30, 
1915,  together  with  the  estimates  of  additional  amounts 
which  will  require  to  be  issued,  aggregate  $9,300,000,  the 
amount  which  has  been  included  in  the  tentative  budget  for 
redemption  through  the  tax  levy  of  1916.  Of  the  Special 
Revenue  Bonds  outstanding  Sept.  30,  1914,  there  were 
$2,330,000  redeemed  in  1915  by  corporate  stock,  that  amount 
representing  the  expenditures  by  the  Public  Service  Com- 
mission for  superintendence,  engineering  and  administration 
in  and  about  the  construction  of  the  subway  and  which 
was  thus  funded  as  a  part  of  the  cost  of  construction  to  be 
provided  by  the  City.  $675,425  of  the  1914  Special  Revenue 
Bonds  were  redeemed  in  1915  through  the  Revenue  Bond 
Fund  for  Claims,  which  amount  is  consequently  included  in 
the  appropriation  of  $9,300,000  to  be  covered  into  the  Budget 
of  1916.  It  will  therefore  be  obvious  that  appropriation  of 
$9,300,000  in  the  Budget  of  1916  to  redeem  Special  Revenue 
Bonds,  actually  represents  $2,625,425  less  for  this  purpose  than 
was  provided  in  the  Budget  appropriation  of  1915  and  from 
other  sources. 

The  TOTAL  INCREASES  therefore  in  tentative  appropriation 
estimates  for  DEBT  SERVICE  in  the  BUDGET  of  1916 
over  the  appropriations  provided  for  similar  purposes  in  the 

BUDGET  of  1915  aggregate $5,194,398  73 

DECREASES  in  DEBT  SERVICE  APPROPRIATIONS. 

The  Budget  of  1915  contains  appropriations  for 
Interest  on  the  Funded  Debt  of  the  former 
City  of  New  York  and  of  the  Municipalities  in 
Kings,  Queens  and  Richmond,  which  were 
consolidated    into    the    City    on    Jan.    1,    1898, 

aggregating    $4,486,825  41 

The   Budget  of   1916   will   contain   appro- 
priations for  a  like  purpose,  aggregating $3,725,165  75 

or  a  decrease  of $761,659  66 

This  decrease  represents  the  interest-saving  in  1916  on 
the  bonds  of  these  former  Municipalities  redeemed  in  1915 
and  also  the  interest  saving  on  the  additional  bonds  which 
will  be  redeemed  in  the  early  part  of  1916  and  for  which 
redemption   appropriations   will  be   provided   in    said   budget. 

The  Budget  of  1915  carried  an  appropriation  of  $1,750,000  for 
Interest  on  Bonds,  Corporate  Stock  and  Corporate  Stock 
Notes  to  be  issued  from  October  1.  1914,  to  October  1.  1915. 
The  tentative  appropriation  for  a  like  purpose  to  he  included 

in  the  budget  of  1916  is  $1,200,000.  or  a  decrease  of $550,000  00 

as  compared  with  the  appropriation  of  1915. 

A  careful  survey  has  been  made,  closely  estimating  the 
probale  requirements  to  be  met  by  corporate  stock  and  cor- 
porate stock  notes  issued  during  the  coming  year  and  the 
probable  average  rate  of  interest  which  will  be  parable  on 
the  latter.  The  result  of  this  survev  is  reflected  in  the 
tentative  appropriation  of  $1,200,000  which,  while  necessarilv 
an  estimate,  is  considered  to  be  the  minimum  amount  which 
should  be  provided  in  the  budget  of  1916  for  such  ex- 
penditures. 

The  TOTAL  DECREASES  in  DEBT  SERVICE  APPROPRI- 
ATIONS of  1916  as  compared  with   1915  aggregate 1.311.659  66 

NET  TNCREASFS  in  APPROPRIATIONS  for  1016  nvr  RUD- 
GFT  APPROPRIATIONS  of  1915  for  INTEREST  on 
and   REDUCTION   of   FUNDED    DEBT $3,882,739  07 


THE  CITY  OF  NEW  YORK— 
Division  of 
TABLE  A— Summarizing  the  INTEREST  PAYABLE  in   1916  on  the   BONDED   INDEBTEDNESS, 'as  of 
SION,   and   showing   the    SOURCES    from   which    such    INTEREST    is    to    be    DERIVED    and    to 
on  BONDS  and  NOTES  to  be  ISSUED  from  OCTOBER  1,  1915  to  SEPTEMBER  30,  1916. 


Political  Divisions. 


Principal  of  Funded  Debt  Held  By 


Sinking  Funds. 


Public. 


Totals. 


FUNDED  DEBT. 
The    City    of    New    York,    as    constituted 
January  1,  1898— 

Funded  Debt,  per  se 

General  Fund  Bonds  

Corporate  Stock  Notes  


II. 


III. 


IV. 


V. 


VI. 


VII. 


VIII. 


IX. 


$144,808,571  10 
183,000,000  00 


$844,674,594  62        $989,483,165  72 

183,000,000  00 

16,362,284  93  16,362,284  93 


TOTALS— Present  CITY  OF  NEW  YORK. . . . 

Funded  Debt  of  the  former  City  of  New  York, 
as  constituted  prior  to  January  1,  1898,  con- 
sisting of  Bonds  issued  prior  to  said  date  and 
Bonds  of  the  County  of  New  York  prior  to 
1898  ($223,082,666.27— January  1,  1898) 

Funded  Debt  of  the  former  City  of  Brooklyn, 
consisting  of  Bonds  issued  prior  to  January  1, 
1898;  Kings  County  Bonds,  and  the  Bonds  of 
all  other  Municipalities  consolidated  into  the 
City  of  Brooklyn  prior  to  January  1,  1898 
($81,626.175.53— January  1,  1898) 

Funded  Debts  of  Long  Island  City  and  of  all 
other  Municipalities  in  the  Borough  of  Queens, 
issued  prior  to  January  1,  1898,  including  the 
proportion  of  the  Funded  Debt  of  the  County 
of  Queens  imposed  upon  the  Citv  of  New 
York  ($13,709,935.62— January  1,  1898) 

Funded  Debt  of  Municipalities  in  the  Borough 
of  Richmond,  issued  prior  to  January  1,  1898, 
including  Richmond  County  Bonds  ($3,486,- 
736.67— January  1,  1898)    

TOTAL  FUNDED  DEBT  and  INTEREST 
thereon  PAYABLE  in  1916 

TEMPORARY  DEBT. 
Special  Revenue  Bonds  Outstanding  September 
30.   1915   


$327,808,571  10        $861,036,879  55     $1,188,845,450  65 


25,857,907  50 


5,551,394  76 


19,000  00 


65,860,977  89 


32,604,922  41 


8,104.656  11 


1,835,637  50 


91,718,885  39 


38,156,317  17 


8,123,656  11 


1,835,637  50 


$359,236,873  36        $969,443,073  46     $1,328,679,946  82 


100,000  00 


7,533,075  34 


7,633.075  34 


TOTALS  $359,336,873  36        $976,976,148  80     $1,336,313,022  16 


Interest  on  Bonds,  Corporate  Stock,  and  Cor- 
porate Stock  Notes  to  be  issued  from  Octo- 
ber 1  to  December  31,  1915,  and  to  September 
30,  1916  (estimated  on  $27,000.000) 

Interest  on  Revenue  Bonds  and  Bills  outstand- 
ing September  30,  1915,  and  on  Bonds  to  be 
issued  in  1916  (estimated)  (outstanding  Sep- 
tember 30,  $71.038,981.16) 

GENERAL  FUND  BONDS— ADDITIONAL 

Interest  on  General  Fund  Bonds  issued  in  1915 
after  September  30 

TOTAL  INTEREST  PAYABLE  in  1916  from  Taxation  to  be  INCLUDED  in  the  BUDGET  of  1916. . 

TOTAL  INTEREST  PAYABLE  in  1916  from  SOURCES  other  than  from  GENERAL  PROPERTY 

TAX  LEVY 


$23,000,000  00 


$23,000,000  00 


TOTAL  INTEREST  on  CITY'S  DEBT  PAYABLE  to  PUBLIC  in  1916  from  TAXATION...... 

TOTAL  INTEREST  on  CITY'S  DEBT  PAYABLE  to  PUBLIC  in  1916  from  ALL  OTHER  SOURCES. 


GROSS  TOTAL  INTEREST  PAYABLE  to  PUBLIC  in  1916  on  CITY'S  DEBT. 


TOTAL  INTEREST  on  CITY'S  DEBT  PAYABLE  to  SINKING  FUNDS  in  1916  from  TAXATION 
TOTAL  INTEREST  on  CITY'S  DEBT  PAYABLE  to  SINKING  FUNDS  in  1916  from  ALL  OTHER 
SOURCES 


GROSS   TOTAL   INTEREST    PAYABLE   to    SINKING  FUNDS  in  1916  on  CITY'S  DEBT. 
GRAND  TOTAL  of  INTEREST  on  CITY'S  DEBT  PAYABLE  in  1916 


DEPARTMENT   OF   FINANCE. 

Chief  Accountant.  nivi 

SEPTEMBER  30,   1915.  of  THE  CITY  01'"   NEW  YORK,    arranged    according  to    POllllLA L    1  )ivi- 
WHOM   it  is  PAYABLE;  also  including  ESTIMATES  of  INTEREST  which  will  be  PAYABLE  in  Wlo 


ere  st 
Derived 

Interest  Payable  to 

Inl 
to  be 

Publi 

c. 

Sinking 

Funds. 

^_ , 

From 
Taxation. 

All  other 

Sources. 

From 
Taxation. 

All  other 
Sources. 

From 
Taxation. 

All  other 
Sources. 

$33,163,126  20 

$5,421,004  03 

5,490,000  00 

123,953  06 

$28,971,360  16 

$5,202,447  18 

$4,191,766  04 

$218,556  85 
5,490,000  00 

04,216  27 

64,216  27 

123,953  06 
$5,326,400  24 

$33,227,342  47 

$11,034,957  09 

$29,035,576  43 

$4,191,766  04 

$5,708,556  85 

1,937,254  57 


722,681  73  1,936,519  57 


735  00 


722,681  73 


1,386,287  81 


125,489  81      1,231,472  23 


100,136  47 


154,815  58 


25,353  34 


320,110  49 


18,125  00       320,110  49 


18,125  00 


81,512  88 


81,512  88 


$36,952,508  22    $11,901,253  63    $32,605,191  60    $5,444,661  71     $4,347,316  62     $6,456,591  92 


118,426  62 


115,426  62 


3,000  00 


1,200,000  00 


1,200,000  00 


4,000,000  00 


4,000,000  00 


$54,842,188  47 


670,000  00 


$42,270,934  84 
12,571,253  63    $12,571,253  63 


$37,920,618  22 
5,444,661  71 

$43,365,279  93 


11,476,908  54 

$54,842,188  47 


$5,444,661  71 


670,000  00 


$4,350,316  62 
7,126,591  92 

$11,476,908  54 


$7,126,591  92 


10 

THE  CITY   OF   NEW   YORK— 

Division  of 

TABLE    "B"— Summarizing   the    INTEREST    PAYABLE  in  1916  on  the  BONDED  INDEBTEDNESS,  as 
SION  and  classified  according  to  GENERAL  PURPOSES  for  which  BONDS  were  ISSUED;  also  showing 


Principal  of  Bonds  Arranged  According  to  Political 
Division  and  Classified  According  to  General  Pur- 
pose. 


Principal  of  Funded  Debt  Held  By 


Sinking  Funds. 


Public. 


Totals. 


I. 


FUNDED  DEBT: 

The  City  of  New  York,  as  constituted  since  Janu- 
uary  1,  1898: 

Funded  Debt,  per  se  : 

Corporate  Stock  for  Rapid  Transit $5,400,948  77        $129,906,940  00 

Corporate  Stock  for  Water  Supply 32,733,572  84  177,591,700  00 

Corporate  Stock   for  all  other   Municipal   Pur- 
poses    92,269,036  84  498,721,334  62 

Serial  Bonds  for  Various  Municipal  Purposes . .  25,000,000  00 

Assessment  Bonds   14,405,012  65  13,454,620  00 

TOTALS— FUNDED  DEBT,  per  se....        $144,808,571  10        $844,674,594  62 


Corporate  Stock  Notes,  for  Rapid  Transit 

Corporate  Stock  Notes,  for  Water  Supply 

Corporate  Stock  Notes,  for  all  other  Municipal 
Purposes    


TOTALS  - 
NOTES 


CORPORATE  STOCK 


$10,850,093  15 
2,484,876  71 

3,027,315  07 


$135,307,888  77 
210,325,272  84 

590.990,371  46 
25.000.000  00 
27,859,632  65 


,483,165  72 


$10,850,093  15 
2,484,876  71 

3,027,315  07 


$16,362,284  93  $16,362,284  93 


General  Fund  Bonds. 


$183,000,000  00 


$183,000,000  00 


TOTALS  of  foregoing. 


$327,808,571   10        $861,036,879  55     $1,188,845,450  65 


II.     TEMPORARY  DEBT: 

Special  Revenue  Bonds  outstanding  September 
30,  1915 

TOTALS— FUNDED  DEBT  and  SPECIAL 
REVENUE  BONDS  of  THE 
CITY  OF  NEW  YORK  and  IN- 
TEREST thereon    PAYABLE   in 

1916  

Bonds,  Corporate  Stock,  and  Cor- 
porate Stock  Notes  to  be  issued 
from  October  1  to  December  31, 
1915,  and  to  September  30,  1916. 

estimated  at  $27,000,000 

Revenue  Bonds  and  Bills  outstand- 
ing September  30,  1915,  and  to  be 
issued  in  1915  and  1916 

TOTALS— FUNDED  and  TEMPORARY 
DEBT  of  THE  CITY  OF  NEW 
YORK,  as  constituted  since  JAN- 
UARY 1,  1898,  and  INTEREST 
thereon  PAYABLE  in   1916 

III.     FUNDED  DEBT: 

Former  City  of  New  York,  as  constituted  prior  to 
January  1,  1898,  consisting  of  Bonds  issued 
prior  to  said  date  and  Bonds  of  the  County  of 
New  York : 

Bonds   of    the    former    City   of    New   York, 

issued   for  Water   Supply 

Bonds    of    the    former    City    of    New    York, 
issued  for  all  other  Municipal  Purposes... 

Bonds  of  the  County  of  New  York 

Bonds   of   the   Annexed   Territory   of   West- 
chester County    


$100,000  00 


$7,533,075  34 


$7,633,075  34 


$327,908,571  10       $868,569,954  89     $1,196,478,525  99 


71,038,981  16 


71,038,981  16 


$327,908,571  10       $939,608,936  05     $1,267,517,507  15 


$65,000  00 

25,571.871  29 
50,000  00 

171,036  21 


$4,717,500  00 

51,932,077  89 
8,649,000  00 

562,400  00 


$4,782,500  00 

77,503,949  18 

8,699,000  00 

733,436  21 


TOTALS-FORMER  CITY  OF  NEW  YORK. . . .  $25,857,907  50         $65,860,977  89         $91,718,885  39 


11 

DEPARTMENT  OF   FINANCE. 

Chief  Accountant. 

of  SEPTEMBER  30,  1915,  of  THE  CITY  OF  NEW  YORK,    arranged    according    to    POLITICAL    D1YI- 
the    SOURCES    from   which   such    INTEREST    is    to  be  DERIVED   and  to   WHOM   it   is   PAYABLE. 


Ini 

terest 
Derived 

Interest 

Payable  to 

to  be 

Public. 

Sinking   Funds. 

From 
Taxation. 

From  other 
Sources. 

From 
Taxation. 

From  other 

Sources. 

f 

From 

Taxation. 

From  other 
Sources. 

$77,956  27 

$5,375,864  28 

44,164  75 

$77,956  27 
7,374,058  87 

19,854,822  32 

1,087,497  90 

577,024  80 

$5,170,532  93 
31,914  25 

$205  331  35 

8,350,554  44 
22,638,907  43 

$976,495  57 

2,784,083  11 

12,250  50 

1,087,497  90 

1,008,210  16 

975  00 

431,185  30 

975  00 

$33,163,126  20 

$5,421,004  03 

$28,971,360  16 

$5,202,447  18 

$4,191,766  04 

$218,556  85 

$123,953  06 

$123,953  06 

28,820  21 

28,820  21 
35,396  06 

35,396  06 

$64,216  27 

$123,953  06 

$64,216  27 

$123,953  06 

$5,490,000  00 

$5,490,000  00 

$33,227,342  47 

$11,034,957  09 

$29,035,576  43 

$5,326,400  24 

$4,191,766  04 
$3,000  00 

$5,708,556  85 

$118,426  62 

$115,426  62 

$33,345,769  09    $11,034,957  09    $29,151,003  05     $5,326,400  24     $4,194,766  04     $5,708,556  85 


1.200,000  00 


1,200.000  00 


4,000,000  00 


4,000,000  00 


$38,545,769  09    $11,034,957  09    $34,351,003  05 


$5,326,400  24 


$4,194,766  04 


$5,708,556  85 


$61,215  00 

1,559  094  24 
285,417  00 

31,528  33 

$1,937,254  57 


$35  00 

716,180  64 
1,630  00 

4,816  09 


$722,681  73 


$61,215  00 

1,559,094  24 
285,417  00 

30,793  33 

$1,936,519  57 


$735  00 


$35  00 

716,180  64 
1,650  00 

4,816  09 


$735  00 


$722,681  73 


12 


TABLE  B 


Principal  of  Bonds  Arranged  According  to  Political 
Division  and  Classified  According  to  General  Pur- 
pose. 


Principal  of  Funded  Debt  Held  By 


Sinking  Funds. 


Public. 


Totals. 


$1,560,355  00 
8,227,567  41 

15,210,000  00 

2,277,000  00 
5,330.000  00 


$160,000  00 

554,000  00 

3,942,014  59 

3,448,641  52 

$8,104,656  11 


$815,637  50 
1,020,000  00 


$2,283,749  76 
9,596,567  41 

18,669,000  00 

2,277,000  00 
5,330,000  00 


$32,604,922  41  $38,156,317  17 


FUNDED  DEBT.— Cont'd. 

Bonds  of  the  former  City  of  Brooklyn,  consisting  of 
Bonds  issued  prior  to  January  1,  1898;  Kings  County 
Bonds,  and  Bonds  of  all  other  Municipalities  consoli- 
dated into  the  City  of  Brooklyn  prior  to  January  1,  1898. 
Bonds    of    the    former   City   of    Brooklyn,    issued    for 

WATER    SUPPLY,    redeemable    from    the    Water 

Sinking  Fund  of  the  City  of  Brooklyn $723,394  76 

Bonds    of    the    former    City   of    Brooklyn,    issued    for 

VARIOUS  Municipal  Purposes,  redeemable  from  the 

Sinking  Fund  of  the  City  of  Brooklyn. 1.369,000  00 

Bonds    of    the    former    City   of    Brooklyn,    issued    for 

VARIOUS  Municipal  Purposes,  redeemable  otherwise 

than   from   Sinking  Funds 3,459,000  00 

Bonds  of  the  former  Towns  consolidated  into  the  City 

of  Brooklyn  prior  to  January  1,  1898 

Bonds  of  Kings  County 

TOTALS— FORMER  CITY  of  BROOKLYN 
and  KINGS  COUNTY   $5,551,394  76 

Bonds  of  the  former  Municipality  of  Long  Island  City 

and    of   all   other    Municipalities    in     the     Borough     of 

Queens,  issued  prior  to  January  1,  1898,  including  the 

proportion    of   the    Funded    Debt     of     the     County    of 

Queens  imposed  upon  the  Citv  of  New  York: 

Bonds  of  Long  Island  City,  i'ssued  for  WATER  SUP- 
PLY      $19,000  00 

Bonds  of  Long  Island  City,  issued  for  VARIOUS  Mu- 
nicipal   Purposes    

Bonds  of  the  Towns,  Villages  and  School  Districts  of 
Queens  County,  issued  prior  to  January  1,  1898 

Bonds  of  Queens  County — Proportion  imposed  upon  the 
City  of  New  York 

TOTALS— FORMER  LONG  ISLAND  CITY 
and  BOROUGH  and  COUNTY  of  QUEENS  $19,000  00 

Bonds  of  the   former  Municipalities  in   the   Borough 
of  Richmond,  issued  prior  to  January  1.  1898.  including 
Richmond  County  Bonds  : 
Bonds  of  the  Towns,  Villages  and  School  Districts  of 

Richmond  County,  issued  prior  to  January  1,  1898.  ...  

Bonds  of  Richmond  County 

TOTALS— FORMER  MUNICIPALITIES   in 
the  BOROUGH  of   RICHMOND 

RECAPITULATION. 
FUNDED  DEBT. 
Present  City  of  New  York $327,808,571   10 

Former  City  of  New  York 25.857,907  50 

Former   Citv   of    Brooklyn   and   Countv   of    Kings   and 

Towns  therein  5,551,394  76 

Former  Long  Island  City  and  County  of  Queens,  and 

Towns,  Villages  and  School  Districts  therein 19,000  00 

County  of  Richmond,  and  Towns,  Villages  and  School 

Districts  therein 

TOTALS— FUNDED  DEBT  $359,236,873  36 

TEMPORARY  DEBT  100,000  00 

GRAND  TOTALS  $359,336,873  36 


$179,000  00 

554,000  00 

3,942,014  59 

3,448,641  52 

$8,123,656  11 


$815,637  50 
1.020,000  00 


$1,835,637  50 

$861,036,879  55 

65,860,977  89 

32,604,922  41 

8,104,656  11 

1,835,637  50 

$969,443,073  46 

78,572,056  50 

$1,048,015,129  96  $1,407,352,003  32 


$1,835,637  50 

$1,188,845,450  65 

91,718,885  39 

38.156,317  17 

8,123,656  11 

1,835,637  50 

$1,328,679,946  82 

78,672,056  50 


13 


— Continued. 

Interest 
to  be  Derived 

Interest  Payable  to 

Public.                                              Sinking  Funds. 

From                    From  other 
Taxation.                    Sources. 

t 

From 
Taxation. 

brum  other                   From                   From  other 
Sources.                   Taxation.                    Sources. 

$397,254  39 


706.543  42 

71,440  00 
211,050  00 


$1,386,287  81 


$77,764  81 

14.875  00 
32,850  00 

$125,489  81 


$349,413  81 


599,568  42 

71,440  00 
211,050  00 


$1,231,472  23 


$52,411  47 

14,875  00 
32.850  00 

$100,136  47 


47,840  58 
106,975  00 

$154,815  58 


$25,353  34 


$25,353  34 


$6,950  00 

12,235  00 

163,453  50 

137,471  99 

$320,110  49 


13,500  00 
4,625  00 

$18,125  00 


$6,950  00 

12,235  00 

163,453  50 

137,471  99 

$320,110  49 


$13,500  00 
4,625  00 

$18,125  00 


$39,287  88 
42,225  00 


$81,512  88 


$39,287  88 
42,225  00 


$81,512  88 


$33,227,342  47 

1,937,254  57 

1.386,287  81 

320,110  49 

81,512  88 

$36,952,508  22 

5.318.426  62 


$11,034,957  09 

722,681  73 

125,489  81 

18,125  00 

$11,901,253  63 


$29,035,576  43 

1.936,519  57 

1.231,472  23 

320,110  49 

81.512  88 

$32,605,191  60 

5.315,426  62 


$5,326,400  24 

100.136  47 
18,125  00 


$4,191,766  04     $5,708,556  85 

735  00      722,681  73 

154.815  58       25.353  34 


$5,444,661  71     $4,347,316  62     $6,456,591  92 
3.000  00     


$42,270,934  84    $11,901,253  63    $37,920,618  22 


$5,444,661  71     $4,350,316  62     $6,456,591  92 


14 


THE   CITY    OF    NEW    YORK— 

Division  of 

TABLE  "C"— Summarizing  the  INTEREST  PAYABLE  in  1916  on  the  BONDED  INDEBTEDNESS,  as  of 

SION,  and  showing  the  SOURCES  from  which  such  INTEREST  is  to  be  DERIVED  and  to  WHOM 


Political  Division. 

Principa 

1  of  Funded  Debt  Held  By 

Rates 

%  of 

Interest. 

Sinking  Funds. 

Public. 

Totals. 

The    Citv    of    New    York,    as    now    consti- 
tuted- 
Funded  Debt,  per  se 

$13,000  00 
136,536,992  33 
1,166.000  00 
2,098,760  00 
3,882,408  77 
1,1  09,310  00 
2,100  00 

$13,000  00 
139,656,142  33 
1,166.000  00 
236,206,574  62 
166,441,448  77 
240,000.000  00 
206,000,000  00 

2Vz 

3 

354 
3>/z 
4 

$3,119,150  00 

234.107,814  62 
162.559,040  00 
238.890,690  00 
205,997,900  00 

$144,808,571   10 
183,000,000  00 

$844,674,594  62 

$989,483,165  72 

183,000,000  00 

16,362,284  93 

3 

16,362.284  93 

2%  to  3 

Temporary  Debt — Special  Revenue  Bonds 

$327,808,571  10 
100.000  00 

$861,036,879  55 
7.533,075  34 

$1,188,845,450  65 
7,633.075  34 

2  to  3 

Bonds,    Corporate    Stock   and    Corporate 

$327,908,571  10 

$868,569,954  89 

$1,196,478,525  99 

TOTALS— Present  CITY  OF  NEW  YORK 

$327,908,571  10 

$868,569,954  89 

$1,196,478,525  99 

Former  City  of  New  York 

$5,678,100  00 
19,802,267  50 

$4,595,000  00 

14,600,874  33 

5,000  00 

8.649,000  00 

37,605,703  56 

42,000  00 

19,900  00 

28.000  00 

30,500  00 

285,000  00 

$10,273,100  00 

34,403,141  83 

5,000  00 

8,699,000  00 

37,922,743  56 

42,000  00 

19,900  00 

28,000  00 

30,500  00 

295,500  00 

2Vz 
3 

3Ya 
3  3/10 
3Vz 

4 

50.000  00 
317,040  00 

4J4 

5 

6 

10,500  00 

7 

$25,857,907  50 

$2,239,000  00 
3,162,394  76 

$65,860,977  89 

$91,718,885  39 

$2,641,000  00 

11,129,922  41 

20,000  00 

12,027,000  00 

66,000  00 

3,267,000  00 

1.392.000  00 

2,062,000  00 

$4,880,000  00 

14,292,317  17 

20,000  00 

12,177,000  00 

66,000  00 

3,267,000  00 

1,392,000  00 

2,062,000  00 

■, 

3Vz 

3  65/100 

4 

W2 

5 

150.000  00 

6 

7 

$5,551,394  76 

$32,604,922  41 

$38,156,317  17 

Long  Island  City  and  Towns  in  Queens.... 

$115,200,000  00 

5,572,141  52 

1,144,000  00 

1,212,150  00 

61,164  59 

$115,200  00 
5,572,141  52 
1,163.000  00 
1,212,150  00 
61,164  59 

3V2 

4 

$19,000  00 

4J/> 

5 

6 

$19,000  00 

$8,104,656  11 

$8,123,656  11 

Towns   and   Villages   in   Richmond 

$73,300  00 
797,200  00 
150,337  50 
812.400  00 
2,400  00 

$73,300  00 
797,200  00 
150,337  50 
812,400  00 
2,400  00 

3V2 
4 

V/2 

5 

6 

$1,835,637  50 

$1,835,637  50 

TOTALS    

$359,336,873  36 

$976,976,148  80 

$1,336,313,022  16 

X  SOUTHERN  REGION-' 


D     000  520  419     3 


15 


DEPARTMENT    OF    FINANCE. 

Chief  Accountant. 

SEPTEMBER   30.    1915,   of    THE   CITY   OF   NEW  YORK,    arranged    according    to    POLITICAL    DIVI- 

it   is   PAYABLE;  and   further   classified  according  to  the   RATES   of    INTEREST   on   said   DATE. 

Interest  Payable  to 


Interest 
to  be  Deri 

.'ed 

Public 

A 

-A. , 

Sinking  Funds. 

From 

Taxation. 

All  other 
Sources. 

From 
Taxation. 

All  other 
Sources. 

From                     All  other 
Taxation.                   Sources. 

$325  00 

$325  00          

4.105,984  26 

$83,700  00 

37,895  00 

1,469,071  00 

393,699  55 
1,892,435  75 
1,544,202  13 

$23,100  00 

$70,474  50 

4,082,884  26                $13,225  50 
37,895  00 

6,798.158  52 
6,262,798  40 
8.307,564  25 
7,688,295  11 

6,745,435  92 
6,237,197  60 
8,277,425  37 
7,688,201  27 

1,448.337  60 
264,004  00 

1.875.428  95 
1,544,202  13 

52,722  60                  20,734  00 

25,600  80                129,695  55 

30,138  88                 17,006  80 

94  50          

$33,163,126  20 

64,2i6'27 

$33,221,342  41 
118,426  62 


1,200,000  00 
4,000,000  00 


$5,421,004  03 

5,490.000  00 

123,953  06 

$11,034,957  09 


$28,971,360  16 

"  "  64"ii6  27 

$29,035,576  43 
115,426  62 


$33,345,769  09    $11,034,957  09    $29,151,003  05 


1,200,000  00 
4,000,000  00 


$5,202,447  18 
'''123,953  06 

$5,326,400  24 

$5,326,400  24 


$4,191,766  04 


$4,191,766  04 
3,000  00 

$4,194,766  04 


$218,556  85 
5,490,000  00 


$5,708,556  85 


$5,708,556  85 


$38,545,769  09    $11,034,957  09    $34,351,003  05 


$5,326,400  24 


$4,194,766  04 


$114,875  00 

416,568  06 

81  25 

285,417  00 

1,094,291  18 

1,620  00 

850  50 

1,300  00 

1,650  00 

20,601  58 

$1,937,254  57 

$141,278  42 

398,879  39 

730  00 

475,580  00 

2,970  00 

140.250  00 

83,520  00 

143,080  00 

$1,386,287  81 

$3,836  00 

219,891  99 

35.235  00 

57,832  50 

3,315  00 

$320,110  49 

$2,520  00 

31.824  00 

6,765  18 

40,271  70 

132  00 

$81,512  88 


$141,952  50 
571,517  83 

Y.oSO'oO 
7,561  40 


$722,681  13 
$92,639' 8i 

'i  b',666 '66 

22,850 '66 


$125,489  81 


$1,880  00 
16,245  00 


$18,125  00 


$114,875  00 

416.568  06 

81  25 

285.417  00 

1,094,291  18 

1,620  00 

850  50 

1,300  00 

1,650  00 

19,866  58 

$1,936,519  57 

$77,003  42 

314,338  81 

730  00 

469,580  00 

2.970  00 

140,250  00 

83,520  00 

143,080  00 

$1,231,472  23 

$3,836  00 

219,891  99 

35,235  00 

57,832  50 

3,315  00 

$320,110  49 

$2,520  00 

31,824  00 

6,765  18 

40,271  70 

132  00 

$81,512  88 


$67,286  47 

"'i  0,666 '66 

22,850  '66 
$100,136  47 


$1,880  00 
16,245  00 


$18,125  00 


$735  00 


$735  00 


$64,275  00 
84.540  58 

6.666 '66 


$154,815  58 


$5,708,556  85 

$141,952  50 
571,517  83 

Y.656'66 
7.561  40 


$722,681  13 


$25,353  34 


$25,353  34 


$42,270,934  84    $11,901,253  63    $37,920,618  22     $5.444,661  71     $4,350,316  62     $6.456,591  92 


16 


THE  CITY  OF  NEW  YORK— DEPARTMENT  OF  FINANCE. 
Division  of  Chief  Accountant. 

TABLE— Classifying,  according  to  GENERAL  PURPOSE,   the    SPECIAL   REVENUE    BONDS    ISSUED 
in   1914  and  in   1915.  REDEEMABLE  in    1915   and   in    1916,   respectively. 


1914   Amounts. 


General  Purpose 
for  which  Bonds  Were  Issued. 


1915  Amounts 
(including  Estimates). 


$2,942,100  00 

21,092  50 

294,973  88 

4,034  30 


267.383  62 

2,107,327  04 

258,172  13 

351,701  06 

71,497  19 

44,947  01 

84,266  66 

41,096  00 

107,617  44 

182,477  00 

49,815  47 
26,782  22 
51,463  12 
22,900  50 

215,225  81 
78,167  70 

510,000  00 
3,967,578  89 

186,185  53 
38,619  93 


$11,925,425  00 


Public  Service  Commission 
Bronx  Parkway  Commission 
Board  of  Elections 
Other   Commissions,    etc. 
$124,773  77  Borough  President,  Manhattan  $83,100  93 

33,390  00  Borough  President,  The  Bronx  33,000  00 

28,700  00  Borough   President,   Brooklyn  9,229  96 

54,291  30  Borough  President,  Queens  26,631  69 

26,228  55  Borough  President,  Richmond  3,500  00 

Removal  of  Snow  and  Ice 
Fire  Department 
Courts,  District  Attorneys  and  Sheriffs 
Register,  Bronx  County 
(      County  Clerks — New  York,  Bronx,  Kings,     ] 
|  Queens  and  Richmond  J 

Bellevue  and  Allied  Hospitals 
Department  of  Public  Charities 
Police  Department  and  Corrections 
Docks  and  Ferries ;  Water  Supply ;  Health ;    ] 
Street   Cleaning ;    Tenement   House ;  }■ 

Bridges ;  Taxes  and  Assessments  I 

Department   of   Parks 
Department  of  Education  and  Libraries 

Board  of  Aldermen  and  City  Clerk 

Armory  Board;  City  Record;  Coroners 

County  Charges  and  Expenses  (Sundry) 

Rentals — City  Offices 

Judgments 

Claims 

Elimination,  etc.,  of  Grade  Crossings 

Miscellaneous 

Panama  Exposition  and  Municipal  Celebrations 


$3,489,400  00 
2,000  00 
5,835  00 
2,000  00 


155,462  58 

895,288  00 

292,514  98 

73,665  93 

2,600  00 

42,045  87 

104,730  00 
311,083  15 
296,149  06 

334,383  81 

59,517  14 

129,393  57 

9,750  00 

25,948  70 

153,642  40 

111,000  00 

278,000  00 

2,198.943  70 

72,368  72, 
146,869  08 
107,408  30 

$9,300,000  00 


